Cardinal Health 2014 Annual Report Download - page 26

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Cardinal Health, Inc. and Subsidiaries
Consolidated Balance Sheets
24
June 30
(in millions) 2014 2013
Assets
Current assets:
Cash and equivalents $ 2,865 $1,901
Trade receivables, net 5,380 6,304
Inventories, net 8,266 8,373
Prepaid expenses and other 1,428 1,192
Total current assets 17,939 17,770
Property and equipment, net 1,459 1,489
Goodwill and other intangibles, net 5,870 5,574
Other assets 765 986
Total assets $ 26,033 $25,819
Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable $12,149 $12,295
Current portion of long-term obligations and other short-term borrowings 801 168
Other accrued liabilities 2,165 2,127
Total current liabilities 15,115 14,590
Long-term obligations, less current portion 3,171 3,686
Deferred income taxes and other liabilities 1,346 1,568
Shareholders’ equity:
Preferred shares, without par value:
Authorized—500 thousand shares, Issued—none ——
Common shares, without par value:
Authorized—755 million shares, Issued—364 million shares at June 30, 2014 and 2013 2,980 2,953
Retained earnings 4,774 4,038
Common shares in treasury, at cost: 27 million shares and 25 million shares at June 30, 2014 and 2013, respectively (1,423) (1,084)
Accumulated other comprehensive income 70 68
Total shareholders’ equity 6,401 5,975
Total liabilities and shareholders’ equity $ 26,033 $25,819
The accompanying notes are an integral part of these consolidated statements.